3046 Nimitz Blvd

San Diego, CA 92106

$1,800,000

Beds

Baths

Sqft

1,218

Year Built

1928

Days on Market

Property Type

Single Family

HOA/mo

N/A

MLS ID

260005744SD

View on MLS

Description

Great Development Opportunity in the heart of Point Loma. High density zoning, close to airport, shopping and restaurants.

Mortgage Calculator

Est. Monthly Payment

$11,427

Principal & Interest$9,102

Property Tax$1,800

Insurance$525

Down Payment

%($360,000)

Interest Rate

Loan Term

Comparable Properties

5 comps found

This Property

$5,846

Comp Average

$4,548

3030 Jarvis St

3bd / 3.5ba · 1,757 sqft · Condo

$1.45M

Est. $5,846/mo

3219 Hugo

2bd / 2ba · 1,374 sqft · Single Family

$1.40M

Est. $4,805/mo

2842 Farragut Road

2bd / 2.5ba · 1,101 sqft · Townhouse

$1.13M

Est. $3,838/mo

3542 Poe Street

2bd / 2ba · 1,049 sqft · Single Family

$1.34M

Est. $4,411/mo

3130 Avenida De Portugal

2bd / 2ba · 1,186 sqft · Condo

$1.15M

Est. $3,839/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

Est. Monthly Rent

$5,846

Monthly Cashflow

Rent − PITI − HOA

$-5,581

Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,425

Mortgage (P+I)

$9,102

Cap Rate

0.45%

Cash-on-Cash

-28.08%

DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.51

Break-even Rent

$16,788

NOI (Annual)

$8,117

Price-to-Rent

Lower = better for investors

25.7

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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